Jim, single, also participates in a qualified retirement plan at work and has modified AGI of $130,000. What is the maximum amount of Roth IRA he can contribute?

For this question only, use the following Roth IRA phase-out range to calculate the maximum Roth IRA contribution:

Single: B/t $118k and $133k MAGI ($15k range)

MFJ: B/t $186k and $196k ($10k range)